Mohammed Sadique K K

Coordinating with finance on monthly, quarterly and annual forecast for material, based on project. Timely purchase of raw material based on market trends to reduce the material cost by 12%

Reduced dead stock and slow moving material to a significant 65%, by developing strategies in coordination with design team and R&D team.

Renegotiating with suppliers for better credit terms to improve fund flow

Planning and delivering of raw material, based on project schedule, to arrive Just in Time to reduce the holding time and storage cost

-Understood master agreements terms and implications, and managed execution to terms, ensure processes and
KPIs were in place to support the business growing.
-Drove commercial discussions with vendors along with program managing initiatives to improve efficiencies in
vendor management and help drive change to support stock movement, stores and inventory control
-Managed cost of material as per the BOQ, and monitored, costs and expenses, for all projects, and initiated the
development of detailed spread sheets to identify variation in budgeted estimates.
-Developed and refined performance scorecards for vendors to drive continuous improvements to drive a
successful partnership which supported positive audits and procurement forecasting for budget preparations.
-Identified vulnerabilities, potential risks, hidden costs, and proactively provided mitigation plans
-Worked collaboratively with cross function teams to ensure that new product quotes and ongoing costs were
accurate, processes were being followed, and capacity at supplier met expectations.

Took ownership of several complex accounting transactions and processes and partnered with business unit leadership, including Finance and Accounting, to drive improved controls and process enhancements

Leveraged technology and data analysis tools to enhance and improve the delivery of job responsibilities and supported the effectiveness of the internal controls over the financial reporting process

Led various ad hoc accounting projects including general and medical insurance and booking commission, and bank reconciliation on monthly basis for different providers including private insurance broker based in Iraq in QuickBooks.

Continually developed, expanded and improved month-end close and financial reporting procedures by assessing and streamlined close-related activities to drive the reduction of the close timelines

Prepared monthly, quarterly and annual financial and accounting reports, analysis and forecasting for branch and
regional offices and assisted for Cash flow and Fund flow projection
-Prepared monthly financial statements, including distributing monthly revenue and expenditure reports to
branches.

Data entry operator for US based bank